[Official] Crypto Currency Chit Chat Group - Part 6

[bossjiaksai]

few days ago tether got -20%

Percentage no see currency one

20% cannot anyhow covert from 5% thinking it’s ringgit so x 4

 

[sacredrays]

1 >> 0.95 is 5%. IMH potential spotted lol

CMC chart for USDT lowest is 2 days ago with only 5% drop, mass exodus only managed to put a small dent and the peg recovered very quickly

sorry i exaggerated. yea 5%+..

can't really rmb exactly, only rmb it was quite huge

 

[Roundtreex]

CMC chart for USDT lowest is 2 days ago with only 5% drop, mass exodus only managed to put a small dent and the peg recovered very quickly

They are backed with real assets.

 

[Roundtreex]

sorry i exaggerated. yea 5%+..

can't really rmb exactly, only rmb it was quite huge

That why believe in 5% of edmw post. Entertainment forum.

 

[claudiusje]

tether has gone off peg in the past before nothing new and have gone thru the NY AG. they are dodgy but not the same as UST

 

[kovechnob]

They are backed with real assets.

Yes, lots of commercial papers though

 

[popdod]

BTC shld stabilise around $3-$4k

I don’t think it will become worthless

Once maximum fear sets in.
Time to hoot big big.

 

[MikeDirnt78]

Not sure why people are hard up to defend USDT.

Just get out of USDT and put into USD or USDC.

It is way safer!

 

[popdod]

Not sure why people are hard up to defend USDT.

Just get out of USDT and put into USD or USDC.

It is way safer!

Some ppl love to risk.

 

[MikeDirnt78]

Some ppl love to risk.

Only siaolang or someone working in Tether will defend USDT.

No rational person will defend USDT when there are clear and safer alternatives.

 

[Phen8210]

Not sure why people are hard up to defend USDT.

Just get out of USDT and put into USD or USDC.

It is way safer!

Haha, I think ppl r selling it off already la.

Ever since the crash, it has been down-trending.

Those pump upwards read some news article know alrdy ah..

those hold usdt please dont be stubborn lol..

 

[popdod]

The trend is your friend.
Don’t go against the trend.

 

[lovemyself123]

Once maximum fear sets in.
Time to hoot big big.

How come u not playing luna like the rest?
U expert trader

 

[AikiBoy]

no more gas liao. amdk no wake up pump

 

[popdod]

How come u not playing luna like the rest?
U expert trader

I think I mentioned a lot of times.

Me old man. So only 2 coins.
BTC & Eth.
Both market cap ish the biggest.
With a lot of institutional investing in it.

So lesser risks.

Imaging institutionals attacking Apple shares ??! Must have deeper pockets than Apple.

At my age. I can’t trade or invest high risks asset class unless I’m very confident.

Else u r just gambling.
Like buying 4D/Toto.


Investing & trading.
U must treat it as a business.

Else why play this game ?
U play to win.

 

[lovemyself123]

I think I mentioned a lot of times.

Me old man. So only 2 coins.
BTC & Eth.
Both market cap ish the biggest.
With a lot of institutional investing in it.

So lesser risks.

Imaging institutionals attacking Apple shares ??! Must have deeper pockets than Apple.

At my age. I can’t trade or invest high risks asset class unless I’m very confident.

Else u r just gambling.
Like buying 4D/Toto.


Investing & trading.
U must treat it as a business.

Else why play this game ?
U play to win.

I shd have followed this advice long time ago am i too late

 

[AikiBoy]

crypto still winter

 

[Phen8210]

luna-perp gone?

 

[1l92041H]

Once maximum fear sets in.
Time to hoot big big.

That only applicable to assets of real value.

there was maximum fear during Lehman, noble, Enron stock crash too and the more you wait the less moneys u can salvage.

if u still double down and hoot big big on those crap u really let down your future generations and ancestors.

 

[popdod]

I shd have followed this advice long time ago am i too late

Is not too late
U r still young.

And hate to say this. Hope u don’t get offended.

It’s good you make such a huge loss $$ to get the “risk management” message ingrained into your mind.

Else you will forever never learn
Thinking investing & trading as easy money earn.

Itz very funny when people do with their money.

If your friends ask you to join their business and capital is $100k.
You will hesitate. Scrutinise their business proposals , ideas , concepts & operations.

But

Yet, some ppl part their $100k very easily into crypto & stock market.
Without scrutinising much or looking at the TA. Assuming it will bounce up or riding high.

Hope this losing incident will make you wake up and treat this seriously

It is a business.

Every penny u earn is hard earn.
Treat every penny with caution.